Worldwide Depression and Totalitarianism

What is another name for the Stock Market Crash?

• Black Friday

• Bank Run Tuesday

• Black Tuesday

• Throwback Thursday

Who was President during The Great Depression?

• Theodore Roosevelt (TR)

• Franklin Roosevelt (FDR)

• Bill Clinton

• Woodrow Wilson (WW)

What program did Franklin Roosevelt create in order to help Americans during the Great depression?

• Dawes Plan

• Kellogg-briand Pact

• New Deal

• FDR's relief

What two POLITICAL issues made post-war democracies unstable?

• 1) lack of factories meant people continued to fight over getting needed products

  2) large, centralized banks meant people saved too much money

• 1) lack of strong leaders meant widespread corruption

  2) lack of jobs led to many debts not being paid

• 1) lack of democratic traditions meant there were inexperienced leaders

  2) large numbers of political parties led to too many political ideas and no unified direction

• 1) lack of travel opportunities led to increased nationalism and racism

  2) lack of communication led to widespread illiteracy among the poor

What two ECONOMIC issues made Germany's economy weak after World War I?

• 1) too many imports meant loss jobs

  2) defeat in the war led to loss of national pride

• 1) over-printing of Germany currency to pay war reparations led to rising prices

  2) loss of land meant less natural resources available to produce goods

• 1) too many war dead meant no workers to produce goods

  2) too much foreign investment led to increased debt

• 1) lack of education meant workers couldn't find jobs

  2) new leaders lacked enough power to lead the country

Which of the following shows the correct sequence of events leading to the Stock Market crash?

• 1) investors begin buying stocks to profit from post-war happiness

  2) stock prices fall due to lack of stock-buying opportunities

  3) people stop buying stocks altogether

• 1) investor optimism led to buying stocks "on margin"

  2) stock prices reach unnaturally high prices

  3) panic selling with no buyers drove prices down quickly

• 1) investors sell their existing stock to have more cash

  2) poor people buy stocks,hoping to get some cash

  3) too much cash in the economy leads to rapid inflation

• 1) Poor people buy stocks in order to save for their future

  2) rich people buy stock from poor stock owners

  3) wealth transferred from the rich to the poor

Because businesses made credit easily available,

• Americans made more money.

• Americans began speculating.

• Americans began living beyond their means.

• None of the above.

This term refers to “Buying stock on credit”, meaning paying a small percentage of a stock’s price as a down payment and borrowing the rest.

• Credit

• Buying on Margin

• Speculating

• Deficit Spending

A plan that reduced payments that Germany had to pay back.

• Treaty of Locarno

• Civilian Conservation Corps

• Dawe's Plan

• Kellogg-briand Pact

What was one factor that led to the Great Depression?

• the US was trading too much with Germany
• increases in the tax rate for corporations
• people were speculating (overspending) in the stock market
• high wages paid by employers